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Swedish Orphan Biovitrum AB (publ): Biogen Idec and Sobi to donate 1 billion international units of clotting factor to support treatment of haemophilia in deve

- World Federation of Hemophilia Humanitarian Aid Program to Receive 500
Million International Units Over 5 Years -

Biogen Idec (NASDAQ: BIIB) and Swedish Orphan Biovitrum AB (publ) (Sobi) (STO:
SOBI) today announced their intent to produce one billion international units
(IUs) of clotting factor therapy for humanitarian aid programs in the
developing world at the World Federation of Hemophilia (WFH) 2014 World
Congress. Initially, the companies have committed to donating up to 500
million IUs to the World Federation of Hemophilia over five years to support
its efforts to raise the standard of care for people with haemophilia in the
developing world. The remaining 500 million IUs of clotting factor will be
made available for future distribution.

This donation is expected to enable a predictable, sustained humanitarian
supply of factor therapy and improve the quality of patient care and outcomes
in the developing world. Haemophilia is a rare, chronic, inherited disorder
in which the ability of a person's blood to clot is impaired. This can lead
to recurrent and extended bleeding episodes. According to the WFH, an
estimated 400,000 people worldwide are living with haemophilia and of these,
more than 300,000 individuals live in areas where there is limited access to
diagnosis and treatment. The commitment of one billion IUs of factor is
intended to enable physicians to treat more than 75,000 joint bleeding
episodes, more than 2,000 life threatening bleeding episodes as well as
conduct thousands of elective surgical procedures that would not be possible
without access to clotting factor.

"All of us at Biogen Idec are dedicated to making life better for people
living with haemophilia," said George A. Scangos, Ph.D., chief executive
officer of Biogen Idec. "Haemophilia occurs all over the world, and this
donation will provide some level of care to thousands of people who otherwise
would not have access to treatment."

"Our dialogue with the haemophilia community consistently highlights
sustainable global equity as a major unmet need in the field," said Geoffrey
McDonough, M.D., president and chief executive officer of Sobi. "This
donation is consistent with our patient-centered approach, and has the
potential to transform the treatment model for people with haemophilia in
developing countries. We are proud to partner with the WFH in their work."

"The WFH humanitarian aid program would exist in name only if not for the
generous donations we receive from companies such as Biogen Idec and Sobi,"
said WFH President Alain Weill. "Their generosity today brings us 500 million
steps closer to making the WFH vision of treatment for all a reality."

Biogen Idec and Sobi are partners in the development and commercialisation of
treatments for haemophilia. Biogen Idec, which is responsible for product
supply under the collaboration, will designate one billion IUs of clotting
factor therapy for use in humanitarian programs over the next decade.

Under the terms of the agreement with WFH, at least 85 percent of donated
factor will be Antihemophilic Factor VIII (Recombinant), Fc Fusion Protein
for the treatment of haemophilia A, with the remainder comprised of
Coagulation Factor IX (Recombinant), Fc Fusion Protein for the treatment of
haemophilia B. The donation of Antihemophilic Factor VIII (Recombinant), Fc
Fusion Protein is contingent upon approval of a Biologics License Application
currently under review by the U.S. Food and Drug Administration (FDA).
Shipments for humanitarian programs are expected to begin in the second half
of 2015.

Countries eligible for the WFH program use less than 1 IU of FVIII per capita.
Due to the lack of treatment, people with severe haemophilia in these
countries often do not survive to adulthood.

- - -

About the World Federation of Hemophilia

For 50 years, the World Federation of Hemophilia (WFH), an international
not-for profit organisation, has worked to improve the lives of people with
haemophilia and other inherited bleeding disorders. Established in 1963, it
is a global network of patient organisations in 122 countries and has
official recognition from the World Health Organization. Visit WFH online at

About the Biogen Idec and Sobi Collaboration

Biogen Idec and Swedish Orphan Biovitrum (Sobi) are partners in the
development and commercialisation of treatments for haemophilia. Biogen Idec
leads development, has manufacturing rights, and has commercialisation rights
in North America and all other regions in the world excluding the Sobi
territory. Sobi has the right to opt in to assume final development and
commercialisation in Europe, Russia, the Middle East and Northern Africa.

About Biogen Idec

Through cutting-edge science and medicine, Biogen Idec discovers, develops and
delivers to patients worldwide innovative therapies for the treatment of
neurodegenerative diseases, haemophilia and autoimmune disorders. Founded in
1978, Biogen Idec is the world's oldest independent biotechnology company.
Patients worldwide benefit from its leading multiple sclerosis therapies. For
product labeling, press releases and additional information about the
company, please visit www.biogenidec.com.

About Sobi

Sobi is an international specialty healthcare company dedicated to rare
diseases. Our mission is to develop and deliver innovative therapies and
services to improve the lives of patients. The product portfolio is primarily
focused on inflammation and genetic diseases, with two late stage biological
development projects within haemophilia. We also market a portfolio of
specialty and rare disease products for partner companies. Sobi is a pioneer
in biotechnology with world-class capabilities in protein biochemistry and
biologics manufacturing. In 2013, Sobi had total revenues of SEK 2.2 billion
($ 334 M) and about 550 employees. The share (STO: SOBI) is listed on NASDAQ
OMX Stockholm. More information is available at www.sobi.com.


|Media Contact: Investor Relations contact: |
|Oskar Bosson Jörgen Winroth |
|T: +46 70 410 71 80 T: +1 347-224-0819, +1 212-579-0506, +46 8 697 2135 |
|oskar.bosson@sobi.com jorgen.winroth@sobi.com |
Biogen Idec

|Media Contact: |
|Todd Cooper |
|+1-781-464-3260 |
|public.affairs@biogenidec.com |

Biogen Idec Safe Harbor

This press release contains forward-looking statements, including statements
about the amount of clotting factors to be supplied and the timing thereof.
These statements may be identified by words such as "believe," "expect,"
"may," "plan," "potential," "will" and similar expressions, and are based on
current beliefs and expectations. These statements involve risks and
uncertainties that could cause actual results to differ materially from those
reflected in such statements, including the risk that regulatory authorities
fail to approve or delay approval of the Antihemophilic Factor VIII
(Recombinant), Fc Fusion Protein drug candidate, the risk of manufacturing
problems and the other risks and uncertainties that are described in the Risk
Factors section of Biogen Idec's most recent annual or quarterly report filed
with the U.S. Securities and Exchange Commission. Any forward-looking
statements speak only as of the date of this press release and Biogen Idec
assumes no obligation to update any forward-looking statements, whether as a
result of new information, future events or otherwise. For more information
please contact

Haemophilia donation


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Swedish Orphan Biovitrum AB (publ) via Globenewswire


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